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Thoughts from a Planning Software Panel

According to Ventana Research, budgeting and planning typically eats up 10 to 15 percent of finance staff time; the process can take up five to eight months to complete in large organizations. 60% of companies still rely primarily on spreadsheets for budgeting and planning processes, despite technology advances.

The dream of unifying IFRS and GAAP is dead

While a grandiose and well-intended idea, the idea of the US joining the IASB and creating one IFRS accounting standard is dead.